Part 1 The owner of Caf Rue was very impressed with your draft budget report.

1. You are now required to prepare the budget to meet specific business needs by:

• negotiating budget with stakeholders
• incorporating agreed modifications
• completing budget in the required format

2. Demonstrate the following when preparing the budget:

• consultation on components
• analysis of factors that impact the budget
• completion of draft and final versions of budget within designated timelines

Documentation must be presented in a professional report with a completed budget as proof of performance.